NOVO NORDISK A/S-B (NOV.DE) Stock Technical Analysis
Europe - Frankfurt Stock Exchange - FRA:NOV - DK0062498333 - Common Stock
Overall NOV gets a technical rating of 1 out of 10. NOV's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
NOV has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 42.07. Right above this resistance zone may be a good entry point.
More info and screens
38.42
We found 2 important support areas.
- A support zone ranging from 41.08 to 41.33. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 38.81 to 39.30. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 42.07 to 42.40. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @43.75 from a trend line in the daily time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for NOV.DE is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for NOV.DE is down. |
| ChartMill Relative Strength | 3.99 | NEGATIVE | NOV.DE has a low relative strength, it was outperformed by 96.01% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of NOV.DE is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of NOV.DE is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of NOV.DE is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 45.85 | NEUTRAL | The RSI value for NOV.DE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.23 | POSITIVE | The MACD value suggests NOV.DE has a positive trend. |
| Stochastics (14,3) | 72.37 | NEUTRAL | The Stochastics value for NOV.DE is a neutral value. |
| Average True Range in percent/ATR (20) | 3.93 | MEDIUM VOLATILITY | The ATR as a percentage value for NOV.DE suggests some volalility. |
| Average Directional Index/ADX (14) | 26.7 | POSITIVE | The high ADX value value for NOV.DE suggests a strong trend. |
FRA:NOV (12/5/2025, 7:00:00 PM)
41.335
+0.12 (+0.29%)
NOVO NORDISK A/S-B / NOV.DE FAQ
What is the technical rating for NOV stock?
ChartMill assigns a technical rating of 1 / 10 to NOV.DE.
What is the trend direction for NOV stock?
The current trend direction for NOVO NORDISK A/S-B (NOV.DE) is Bearish.
What is the RSI signal for NOV stock?
NOVO NORDISK A/S-B (NOV.DE) has an RSI value of 45.8517. This indicates that the stock is currently neutral.
Can you provide the short term momentum for NOVO NORDISK A/S-B?
The short term momentum for NOVO NORDISK A/S-B (NOV.DE) is negative.
Can you provide the support and resistance levels for NOVO NORDISK A/S-B?
NOVO NORDISK A/S-B (NOV.DE) has a support level at 41.33 and a resistance level at 42.07. Check the full technical report for our detailed analysis of NOV.DE support and resistance levels.